$2076.17 Per Sq Foot $38,920 est/mo Sourced by Back At You

228 Elk Avenue,Crested Butte, CO 81224

Crested Butte CO, 81224

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Description

McGills Restaurant Building is quintessential Crested Butte located in the center of Town on Elk Avenue. Built around 1893, it served as the Town's grocery store run by Tony and Elanor Stephanic until 1988. In 2005 the building's new owner undertook a major renovation including foundational repairs, all new electrical, heating, plumbing, and drywall. The original floors were removed, refinished and laid back down. At that time a new roof was installed and again redone in 2016. Since the remodel, the first floor has been occupied and has operated as McGills Restaurant, a successfull breakfast and lunch restaurant. The second floor apartment consists of a 2 bedroom, 2 bath, with loft apartment and is currently rented month to month. 228 Elk, only 50 feet from the center of town at 3rd and Elk, commands the most central, high traffic spot amonst the Town's historic district. In addition to restaurant use, general retail business opportunities are permitted.

Details

MLS#811584
Listing TypeFor Sale
StyleOther Business Opportunity
Sub-TypeResale
StatusActive
Year1893
Days On Site120
Listing Provided ByColdwell Banker Mountain Properties | Eric Roemer

Features

Bath(s) 4 Total
SQ Feet3,492
Story(s)2
Units2
ZoningBusiness
Acreage0.07

Market Activity 81224

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Listings Checked: 10 seconds ago
StateCO
CountyGunnison
CityCrested Butte
Zip Code81224
AreaCrested Butte
Listing VS Median (in 81224)
Price:
$7,250,000
low | high
Med:
$1,950,000
100% of Average
SqFt:
3,492
low | high
Med:
2,428
80.469644902635% of Average
$ / SqFt:
$2,076
low | high
Med:
$804
100% of Average
On Site:
120
low | high
Med:
80.500000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 12:26:09 AM PDT
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